Re: Unfair tariffs have been a problem for a long, long time

NJDEV6® · 2025-04-04T14:35:36.578Z

It's why production has left America Maybe this will make you libbies feel better about what had to be done - The pain will be short term and ironically your money was THE ONLY WAY TO GET YOUR ATTENTION https://www.youtube.com/watch?v=7kM0yl8W0gQ For the record - Trump has ALL the GOLD! If you were paying attention in 2017 you would of noticed his world tour - especially visiting the Vatican and now they have no money..... Enjoy the SHOW - get ready for the largest revival in history and the start of the GOLDEN AGE

Unfair tariffs have been a problem for a long, long time

Re: Unfair tariffs have been a problem for a long, long time

That’s one of the funniest ones I’ve seen. “When everyone has a factory job”… OOOK. Can’t wait for all these American companies to start building plants while our farmers try to figure out who to sell the massive excess crops to now that there’s increased reciprocal tariffs. But first, let’s get the unemployment rate up to 7%+ while those same companies layoff thousands this year.

There is no detailed plan, there is no supporting data for what he’s doing, which is why the markets are crashing and pretty much every economist and CEO is saying these tariffs are a recession accelerator. From an economy that was growing, stable/high value markets, low unemployment and inflation metrics that had come down to near 2%. But let’s not cloud the chaotic rhetoric with facts.

I guess this is our “welcome to the golden age” moment. 😂

Re: Unfair tariffs have been a problem for a long, long time

Tiggity®

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Would it be impolite to introduce a concept called relativity in this thread?

Apr 4, 2025, 12:13 PM

Too bad, here goes.

Every country exports X goods, and imports Y goods. Poor, tiny countries may have a very small X and Y. The world's largest consumer nation, will have the biggest X and Y. And every country has a trade balance. Sometimes a surplus, sometimes a deficit. The world's biggest consumer nation, the US, will probably have a very big number. A small country will have a small number.

Now, forget the numbers.

Take the small number for any country (imports or exports), and divide that by the bigger number (again imports or exports). You will get a percentage. If Fantasyland imports 100 and exports 120, you will get 83%. This means Fantasyland EXPORTs 17% more than it imports. Got it? Good. Now, the other trick, subtract the small number from the big number and you get the imbalance value. In the 100 and 120 example for Fantasyland, the trade imbalance (surplus in this case) is 20. Now, say the GDP of Fantasyland is 1500, then the trade imbalance of 20 represents 20/1500= 1.3% of GDP. Everyone following here? Ok, here goes....yall probably know what to do.

I'm going to use 2023 numbers from the WTO (numbers are in millions), and I will run the calculations among several countries, for the sake of relativity.

Source: https://en.wikipedia.org/wiki/List_of_countries_by_net_goods_exports

US - imports=3172 exports=2019.......2019/3172= 64% (Trade DEFICIT is 36%)
3172-2019= $1,153,000,000,000. 2023 US GDP= $27.8T so 1.153T/27.8T = 4.1% GDP
So....if we balance our trade, we only add 4% to GDP.

UK - imports=791 exports=520.........520/791= 65% (trade DEFICIT is 35%)
791-520= $271,000,000,000. 2023 UK GDP= $3.4T so 271/3400 = 8% GDP
So if the UK balances its trade, it will add 8% to GDP

Feel free ton continue this math across the EU, Canada, and other industrialized countries, even China and Japan.

Now Donald Trump has declared a trade emergency in order to enact his tariffs.

Now, keep in mind Trump has declared deficits a "national emergency". The UK has a better argument to make that call than Trump does.

Here you go...
India - imports=672 exports=432..........432/672= 64% (trade DEFICIT is 36%, same as US)
672-432= $240,000,000,000 2023 India GDP= $3.6T so 240/3600 = 6.6% GDP

Both India and the UK have arguably a bigger reason to declare a trade emergency than the US. Because even with the same deficit percentages, the GDP numbers can not compare. Trade deficits hurt India TWICE AS MUCH AS THE US. And honestly, they don't hurt either country.

#relativity

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Unfair tariffs have been a problem for a long, long time

You own exactly $0 in gold.***

he might have a little

Re: You own exactly $0 in gold.***

What is the total value of your portfolio (not counting 401k).***

The way this is going, the new currency may be lead and brass.***

Re: The way this is going, the new currency may be lead and brass.***